Italy's Prysmian has announced the expansion of its strategic plant in Pikkala, Finland, where high-voltage submarine cable products, and inaugurated the Prysmian's new cable-laying vessel Mona Lisa, now fully Operating. The Milan-based company explained that these two new goals are in line with Prysmian's commitment to meet the growing demand for submarine cables, driven by the interconnections and offshore wind. Pointing out that since 2018 has invested around €850 million to strengthen its installation capacity, Prysmian recalled that by 2028 will have eight fully operational cable-laying vessels, plus than any other player in the industry.

Prysmian has invested more than 200 million euros in the Finnish plant million euros to increase production capacity using a vertical continuous vulcanization (VCV) system. The new line is installed inside the "Tower Prysmian" - the tallest building in Finland - and is capable of producing about one kilometer of cable per day. With a height of over 185 meters, the tower establishes a new record for Finland and was designed to produce 525 kV HVDC submarine cables.

Prysmian's new cable-laying vessel Mona Lisa is equipped with two rotating platforms of 7,000 and 10,000 tons. The ship is the most sustainable on the market thanks to its High Voltage Ground Connection System, a hybrid battery system and diesel generators suitable for the mixtures of biodiesel. With a length of 170 meters, it is now fully operational and dedicated to cable laying operations around the world, with the aim of breaking the record world laying depth established last year by the Prysmian Leonardo Da Vinci.

Prysmian has announced that in the first quarter of 2025 the Organic sales growth in the business segment Transmission was +57.2% and that the current portfolio orders amounted to 17 billion euros.